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S. 5373

BillFederalSenateIn Committee
National Institutes of Clean Energy Act of 2024
About This Bill
Committee
Latest Action · November 21, 2024
Read twice and referred to the Committee on Energy and Natural Resources.
Congress
118th (2023–2025)
Introduced
November 21, 2024
Cosponsors (3)
2D 0R
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Summary

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The National Institutes of Clean Energy Act of 2024 would establish a new federal agency within the Department of Energy by January 1, 2028, dedicated to advancing clean energy research and development. The agency would invest in technologies that reduce greenhouse gas emissions, including solar, wind, geothermal energy, energy storage, electric vehicles, and solutions for hard-to-decarbonize industries like aviation and shipping. The legislation prioritizes research that benefits frontline and disadvantaged communities disproportionately affected by pollution and climate change, while also supporting workforce development and job creation in heavily unionized sectors and areas hit hardest by job losses since 2016. The bill directs substantial funding toward research at public universities, land-grant colleges, historically Black colleges and universities, and other minority-serving institutions. The legislation authorizes $400 billion in funding over the ten-year period from fiscal years 2025 through 2034 to establish and operate the institutes.

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